On September 26, 2025, Ashid Capital NBFI LLC, widely known as Simple, has completed a financing transaction with the FINMA-regulated impact investment manager Enabling Qapital, under its microfinance strategy, securing USD 3 million in investment. This marks the company’s first-ever funding secured from a foreign fund.
The financing will be directed toward supporting small and medium-sized enterprises (SMEs) operating in Mongolia, enhancing their competitiveness, stimulating economic activity, and contributing to job creation.
Batjargal Purevdorj, CEO of Ashid Capital NBFI LLC, stated: “This collaboration not only strengthens our company’s financial capacity but also allows us to serve consumers and entrepreneurs with greater accessibility. Going forward, we aim to collaborate with more international investors and implement projects and programs that will have a positive impact on society and the economy.”
About Simple
Founded in 2020, Simple is one of Mongolia’s leading fintech companies. By leveraging advanced technology and smart solutions, Simple simplifies traditional financial services and helps customers save time, money, and energy through responsible and accessible financial products and services. www.simple.mn
About Enabling Qapital
Enabling Qapital Ltd. (EQ) is a FINMA-regulated, leading Swiss impact asset manager dedicated to a world where investments generate financial, social, environmental, and economic returns.
EQ currently manages USD 750 million in assets across Microfinance (Private Debt), Access to Energy / Clean Cooking, and listed emerging market bonds.
The team consists of over 65 members, speaking more than 21 languages and representing 14 nationalities.
Enabling Qapital is moving money to meaning. www.enabling.ch
On September 26, 2025, Ashid Capital NBFI LLC, widely known as Simple, has completed a financing transaction with the FINMA-regulated impact investment manager Enabling Qapital, under its microfinance strategy, securing USD 3 million in investment. This marks the company’s first-ever funding secured from a foreign fund.
The financing will be directed toward supporting small and medium-sized enterprises (SMEs) operating in Mongolia, enhancing their competitiveness, stimulating economic activity, and contributing to job creation.
Batjargal Purevdorj, CEO of Ashid Capital NBFI LLC, stated: “This collaboration not only strengthens our company’s financial capacity but also allows us to serve consumers and entrepreneurs with greater accessibility. Going forward, we aim to collaborate with more international investors and implement projects and programs that will have a positive impact on society and the economy.”
About Simple
Founded in 2020, Simple is one of Mongolia’s leading fintech companies. By leveraging advanced technology and smart solutions, Simple simplifies traditional financial services and helps customers save time, money, and energy through responsible and accessible financial products and services. www.simple.mn
About Enabling Qapital
Enabling Qapital Ltd. (EQ) is a FINMA-regulated, leading Swiss impact asset manager dedicated to a world where investments generate financial, social, environmental, and economic returns.
EQ currently manages USD 750 million in assets across Microfinance (Private Debt), Access to Energy / Clean Cooking, and listed emerging market bonds.
The team consists of over 65 members, speaking more than 21 languages and representing 14 nationalities.
Enabling Qapital is moving money to meaning. www.enabling.ch